Holdings (56)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Mahindra & Mahindra Ltd. | Automobile | Equity | 4.17% |
| Reliance Industries Ltd. | Energy | Equity | 3.81% |
| Hindalco Industries Ltd. | Metals & Mining | Equity | 2.81% |
| Deepak Fertilisers And Petrochemicals Corporation Ltd. | Chemicals | Equity | 2.8% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 2.71% |
| PTC Industries Ltd. | Metals & Mining | Equity | 2.7% |
| Oil And Natural Gas Corporation Ltd. | Energy | Equity | 2.66% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 2.59% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 2.52% |
| Kirloskar Brothers Ltd. | Capital Goods | Equity | 2.39% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | NA% | NA% | NA% | NA% |
| Category Average | 4.33% | 16.19% | 25.75% | NA% |
| Rank Within Category | NA% | NA% | NA% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.71%
Inclusive of GST
Exit load
Exit load of 0.5%, if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Fund management
Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).
Managed Schemes
Mahindra Manulife ELSS Tax Saver Fund Direct Growth
Mahindra Manulife Equity Savings Fund Direct Growth
Mahindra Manulife Multi Cap Fund Direct Growth
Mahindra Manulife Mid Cap Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Large & Mid Cap Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Flexi Cap Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Education
Mr. Sivaram is an MBA in Finance and holds a Bachelor’s degree in Mechanical engineering
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with ICCI Securities, Antique Stock Broking, B&K Securities and Indian Seamless Steels and Alloys Ltd